SGS 8 (Equity Finance) Flashcards
1
Q
What is the premium payable if the nominal value of the shares was £64,285 and £3,000,000 was paid?
A
£2,935,715
2
Q
How can one work out the premium payable per share?
A
Premium paid / total nominal value of shares purchased.
3
Q
How do you work out total consideration per share?
A
Premium payable per share + nominal value of share.
4
Q
Show of hands vs poll?
A
SoH: those voting
Poll: those present and voting.
